$NIO US$7.0B in cash.
Using just 1/7 of it (~US$1B) at $5.20/share could buy back roughly 192M shares.
Current short interest: 134M shares.
A buyback of that size would be larger than the entire reported short position. ๐
RT for @WilliamLiNIO to see ๐ฅ
@DrInsensitive Did you forget that Texas was originally Mexico? The culture here obviously is going to have some Mexican influence hence Tejano music. There were more than likely Mexicans along side those banks way before stupid UT students.